emily: chris sacca there at dream force.ant to bring back my cohost for the hour, david kirkpatrick. 'it is an chris' interest to say great things about uber. what did he said that resonated. >> some of the things he says make a lot of sense. they have a brilliant exit from china in a market that had no shot at. the fact that they got what they did from didi is amazing. emily: that is different than saying they are a winner in a winner take all market. if didi is going to be the winner, that is not winner take all, but a couple of winners. >> i don't think it is a winner take all market. travis may be irrationally archer for no real but this is not -- irrationally entrepreneurial, but this is not an easy market. i think uber is an amazing company. think about what he is saying with how cheap it is to do these uber pools. think about who is doing that, the cut that -- the drivers who are not making very much money that the company is dependent on. i think uber doesn't treat their drivers well enough. whenever i get into these

still to come, our exclusive in-depth interview with chris sacca. why he is disappointed in jack dorsey. that is next. this is bloomberg. ♪ >> i am mark crumpton, you are watching bloomberg west. federal officials have recovered a second black box and video from the front car of a commuter train that crashed into hoboken, new jersey's terminal last week. the associated press reports investigators estimate the train was traveling 20-30 miles per hour when it crashed. one woman was killed and more than 100 others were injured. the colombian president satnntos will meet privately with his one-time rival uribe. no campaigne arguing that absolving the rebels of war crimes sets a dangerous precedent. the u.k. from minister theresa may -- prime minister theresa may is at the saudi's to look into allegations that weapons have been misused in war-torn saudi. saudi arabia accounted for nearly 40% of u.k. arms sales in the nine months. the state department is considering a pilot program to allow american citizens to invite and sponsor refugees. anti-refugees s

this is bloomberg. ♪ emily: now back to our interview with chris sacca.e is a big shareholder in uber. he said they would be the winner in the market. i sat down with him at dream force and asked him what he thought about them selling their china business. take a listen. chris: i think it ended up being a big win. irrationallys entrepreneurial at times. the second city they launched in was york area he wanted to go there and prove he could do it in no matter how many light hanging fruit, he went to new york and then paris. they hate anybody who comes in with a disruptive product. emily: china is huge market that they want their it chris: he went into a company where the government did not want it to be there. offices got rated in hong kong. it is fascinating to me that paves able to pull off a 20% deal. i love it. i think it's a good outcome considering how far behind we were with a regime that has not let google or facebook operate there. it is impossible to disrupt one of their incumbent businesses. the road is cleared. i do know anything about ipo plan

now, yesterday i got a chance to speak with chris sacca and get his take on what's happening in the tech world. check it out. chris, i follow you on twitter. i'm starting to think that even though you've made these that worked out, you seem more interested in the smaller ones that are in "shark tank." >> "shark tank" brings me back to what made be passionate in the first place. as the dollars got bigger, there's a lot of politics, a lot of back-stabbing, blood all over the walls. that's not what got me into investing in the first place. >> the people on the show are every bit as real as travis and uber? >> there's no doubt about it. we don't know anything about those companies when they come in. nobody tells us what to say or which deals to do. if you see a shark fight break out, that's real. they just roll the tape and let it happen. and so what you're seeing is actual hustle. these are people who beat out tens of thousands of other -- i think last year they had 40,000 applications to be on that show, to get up there and get a few minutes in front of the panel and they got to make the m

emily: that was chris sacca.n this edition of "out of this world," a big step forward for jeff bezos's space company. it is his plan to centaurus to suborbital space. they completed their most rigorous test of an escape system that would shoot passengers away from a rocket. it blasted off from its test site in texas wednesday morning. 45 seconds later, parachutes the -- deployed and slowly descended to earth. they hope to send crews into space next year and sell tickets in 2018 between $250,000 to $350,000. coming up, are interview with investor mark cuban and why he donald trump is "completely unfit to become the next president of the united states." this is bloomberg. ♪ emily: a story we are watching. the fbi has arrested contract for stealing documents. they unsealed a criminal complaint wednesday that said the stone information could cause "exceptionally grave damage to national security if it is released." the contractor is harold martin. he was arrested on he worked for august 27. a company and was assigned

that's chris sacca, founder and chairman, lower case capital, shark tank regular, and just a fun guyto. >> right on. upgrade your phone system and learn how you could save at vonage.com/business >>> this place is excitingment i'm so thrilled i am out here. tomorrow morning, some of the most disruptive names in techs. do not miss it. i like to say there's always a bull market somewhere. i promise to try and find it just for you right here on "mad money." i'm jim cramer. see you tomorrow! lemonis: tonight, on "the profit," a chain on pet supply stores specializes in wholesome food. lisa: our biggest thing is the nutrition for the pets. lemonis: but the business is anything but healthy. giovanni: it's embarrassing. i'm right back to where we started. lemonis: the stores need an overhaul. -this how you manage inventory? -giovanni: yeah. -lisa: yeah, i mean -- -giovanni: this is our weakness. lemonis: the employees need leadership. i've never been to a meeting where there's no agenda. giovanni: i think you're being a little unfair with how this process goes. lemonis: and the owners need t

tomorrow don't miss our atversation with chris sacca 2:30 p.m. new york time.omberg. ♪ youssef: news signs of division at the fed. bloomberg is told exclusively that in november a hike remains possible. another member warned caution. all still yet has a strong rebound in commodities. -- australia has a strong rebound in commodities. rejuvenatean aims to

joe: that was lowercase capital management director, chris sacca , with emily chang.rlet: coming up, we will discuss why some investors remain skeptical on greece's turnaround. this is bloomberg. ♪ i'm mark crumpton. hillary clinton and donald trump will be miles away from virginia tonight, but they will be watching their running mates in the one and only vice issidential debate. trump expected to watch the debate between mike pence and tim kaine at trump international hotel in las vegas. mrs. clinton is expected to be tuned in her home in chappaqua, new york. secretary clinton leads by six points in a new national poll. voters inongst likely the surveymonkey tracking poll. gary johnson gets 9%. jill stein has 3%. clinton leads trump 50% to 44%. another tirade from the philippine president. he lashed out at president obama and the european union over criticism of his deadly anti-drug campaign. >> you can go to hell. mr. obama, you can go to help. [indiscernible] anti-drug fight has left more than 3000 suspected drug dealers and pushers dead in just three months. korea

managing director chris sacca with emily chang. scarlet: we have a newly redesigned website.ead to bloomberg.com/technology or check us out on twitter. this is bloomberg. ♪ ♪ vonnie: you are watching bloomberg. i am vonnie quinn. cehic.and i am nejra their techanding business. jra: we look at the fight over who owns the south china sea. vonnie: the british economy is still showing resilience in terms -- in light of the brexit vote. the central bank had cut interest rates and reinstated asset purchases. jra: goldman sachs is sounding the alarm on chinese real estate and they say the property market is at risk of overbuilding and rising speculation. goldman warns that a downturn would lead to problems for metals, especially iron ore and steel. l.a. elite will buy health products from a german company. is the 10th since 2007 4 lili animal health business. vonnie: time now for our quick take where we provide background and comments. tiny islands in the middle of the ocean are being fought over by china and its neighbors because of should teach it significance. here is a look at h

not enough, a guy that wears country music shirts for some reason, despite living in california, chris saccawitter. >> and cool shirt owner. >> of course. to josh lipton. >> some news to bring you here on samsung. aso som samsung galaxy note 7, the kind of phones making headlines for the overheated batteries, reportedly began popping and smoking during a southwest airlines flight, forcing the evacuation of that flight while still on the ground at louisville. this apparently happened this morning. the phone overheating. smoke in the cabin but nobody was injured. the owner of that phone is telling nbc news this was a replacement phone that was sent to him. we reached out to samsung and we'll bring you their reaction when we get it. it has been tough news for samsung, not just the overheating batteries, this morning cnbc reporting that activist investor elliott management is taking aim at samsung yesterday, at that google event. interesting to hear the headsets could complicate that relationship with samsung as well. we have reached out to samsung. we'll bring you the reaction when we get it. >

♪ david: this is "bloomberg ." , chris sacca. is how things are shaping up. equities markets positive in u.s. come up about .25%. , the ftse up by 1.9%. inching toward a record high close potentially. a weaker the board, pound, the cable rate at 127.57. a big move lower, a three decade low. yields just a bit higher. let's get you up to speed on the stock movers now. abigail: do we have some movers this morning, especially in small-cap biotech. more than a double on the open here on the news the company has entered into an exclusive worth --pact that is to research duchesne muscular dystrophy. less fortunate, trinity biotech. open, plunging on the back on pace for their worst drop ever in 24 years after the itsany withdrew submission for a cardio testing device. company is saying they will take 9-12 months to regroup and figure out what to do with this platform. reports of possible takeover bids in the media world. netflix shares up on investor speculation they could be a takeover target ahead of the us. -- paul sweeney is with wh